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Many men and women use the term”online shopping” to refer to any type of online transaction involving a sale on the internet, however it is more commonly used to refer to sales on auction websites like eBay or internet shopping portals. “Web store”, on the flip side, redirects here. An internet store evokes the genuine physical illustration of shopping items or services in a retail”shop” or shopping center; the act of shopping here is known as consumer-to-customer (C2C). In internet shopping websites, online purchases are made between consumers and companies or between users and support suppliers (like resorts, taxi services, etc..)
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Most online shopping transactions involve consumers interacting with businesses through their computers. At this stage, both the consumers and the businesses have entered into a contractual relationship known as a transactional arrangement or agreement. Basically, when a consumer chooses to purchase a product or service from the vendor, the business owner has to deliver the purchased item to the consumer by a certain date or within a specified period of time. If the business can’t deliver the product on the agreed date, or if the consumer insists on getting the item, the online shopping website provides a mechanism for the refund or exchange.
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Real-time internet shopping technology makes use of sophisticated electronic systems that allow the secure transmission of information along with the transfer of obligations in real-time. This technology makes e-commerce more convenient for consumers, thereby increasing customer satisfaction and driving sales. Consumers enjoy better control over their internet shopping experience, as they can make changes or cancel transactions anytime they wish to do so.